A five-day-old Los Angeles article by Brian Stelter (“James Corden Bows Out,” posted on 4.24) reports that the departure of the Late Late Show host was primarily about sinking ratings and a total absence of profits. The show, in fact, was losing money hand over first.
It’s been “costing $60 million to $65 million a year to produce but was netting less than $45 million,” Stelter writes, and was “simply not sustainable,” according to one executive. “CBS could not afford him anymore.”
